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Economy
Fitch Ratings has revised the outlook on Nigeria’s Long-Term Issuer Default Ratings (IDRs) to positive from stable and affirmed the IDRs at ‘B’.
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the administration of President Bola Tinubu will account for revenue from oil.
The Federal Government says Nigeria is open, safe, willing, and ready for more Foreign Direct Investments (FDIs) and partnerships to engender wealth and national growth.
The Central Bank of Nigeria (CBN), on Monday, announced the suspension of the processing fees on cash deposits charged banks and other financial institutions till April, 2024.
Nigeria needs to review its fiscal policy and embark on tax reforms to earn enough revenue to run the economy.
The Central Bank of Nigeria (CBN) says media reports listing banks as failing the Capital Adequacy Ratio (CAR) stress test for international authorisation are false and should be disregarded.
The Nigerian equities market gained more than N70 billion on the first trading session in the new week…